823 Harrison StFrenchtownNJ08825
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Frenchtown at 823 Harrison St, Frenchtown, NJ, 08825 offers a 4.72% rental yield on a $619,000 purchase with $2,437/mo rent. 42% in year one. Equity gained on principal adds $3,994/yr while 5% annual appreciation supports $171,018 over five years. Portfolio math shows five-year ROI at 42.45% and total cumulative return in cash at $86,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,437/mo property income against a $3,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08825, Frenchtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,179 (100%) |
| Owner Occupied HU | 1,457 (66.9%) |
| Renter Occupied HU | 541 (24.8%) |
| Vacant Housing Units | 181 ( 8.3%) |
| Median Home Value | $544,773 |
| Average Home Value | $630,009 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
1,960
Multi-Family
62
Businesses
214
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Listed by: Samantha Bowman • Bhhs Fox & Roach
Mls Name: GSMLS
Mls ID: #3988768